Homes for sale in
Key West, Florida
Life at the end of the road
10
Homes for sale
$999,500
Median list price
$914
Avg price / sqft
113
Median days on market
Key West sits at the very tip of the Florida Keys, where conch-cottage streets, a working harbor, and a genuine island rhythm set the tone. Neighborhoods run from the historic lanes of South Old Town and North Old Town to the mid-century blocks of Midtown East and New Town, plus the leafy, beach-adjacent Casa Marina district. This is a small, walkable, water-wrapped city where a bike and a boat matter more than a commute.
The market here is tight and premium. With just 10 active listings and a median list price of $999,500, buyers are competing over limited inventory at an average of $914 per square foot; the 16 homes sold in the last year closed at a median of $817,000. Homes take time to trade — a median of 113 days on market — and there's meaningful choice at the top, with five listings above $1M in the luxury homes ($1m+) tier. Most of what's available is single-family homes, with a couple of condos rounding out the mix.
Key West is in Monroe County, Florida.
Within a 30-minute drive
Quick facts
$599,000 – $4.4M price range
1,472 sqft median home
$2,075/mo median rent
Leans buyer right now
Fresh on the market
Newest homes in Key West
View all 10 homes →
$599,000
3930 S ROOSEVELT BOULEVARD UNIT S303, KEY WEST
3 bd · 2 ba · 1,069 sqft
$2,685,000
1316 Royal Street # 6, Key West FL 33040, KEY WEST
4 bd · 4.5 ba · 2,160 sqft
$899,000
2311 Patterson ave, Key West FL 33040, KEY WEST
3 bd · 2 ba
$899,000
2330 Staples ave, Key West FL 33040, KEY WEST
1 bd · 1 ba
$640,000
4 Shore Drive, Key West FL 33040, KEY WEST
2 bd · 2 ba · 1,010 sqft
$799,000
1425 Eliza Street, Key West FL 33040, KEY WEST
3 bd · 1 ba · 1,342 sqft
$4,375,000
231 E Shore Drive Unit 6, Key West FL 33040, KEY WEST
5 bd · 5.5 ba · 4,103 sqft
$1,100,000
414 Virginia Street, Key West FL 33040, KEY WEST
3 bd · 2 ba · 1,344 sqft
$2,595,000
508 Grinnell Street, Key West FL 33040, KEY WEST
3 bd · 3 ba · 2,049 sqft
$1,799,000
1011 Simonton Street # 1, Key West FL 33040, KEY WEST
3 bd · 2.5 ba · 1,600 sqft
10 of 10 active listings shown
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The numbers that matter
The Key West market
Leans buyer
10.0 months of inventory
Inventory is building — buyers have leverage and time.
16
Sold, last 12 months
$817,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
147 days
Median time to sell
Key West vs Monroe County
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 263.6% yr/yr
Homes on the market
▲ 900.0% yr/yr
Homes sold per month
Live Stellar MLS data — listings and closed sales in Key West, FL. Rolling medians smooth single-month swings in thin markets.
Where to look
Key West neighborhoods
South Old Town
3 homes · $1.1M median
Midtown East
2 homes · $899K median
North Old Town
1 home · $2.6M median
New Town
1 home · $599K median
Casa Marina
1 home · $2.7M median
Show all 17 Key West neighborhoods A–ZHide the full neighborhood list+
Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Key West
An end-of-the-road island city
Key West is the southernmost city in the continental U.S., a compact, walkable island with its own unmistakable character.
Small, competitive inventory
With only 10 active listings on the market, buyers move on the right home quickly when it appears.
A premium price point
The median list price is $999,500 and the average price is $914 per square foot, among the highest in Florida.
Water is the through-line
Two active [waterfront homes](/area/key-west-fl/waterfront-homes) and four with a [pool](/area/key-west-fl/homes-with-pool) reflect an island market built around the water.
Mostly single-family character
Eight of the ten active listings are single-family houses, with two condos filling out the [townhomes & condos](/area/key-west-fl/townhomes-condos) options.
Population
25,824
Median age
46.5
Median income
$78,532
Median home value
$816,300
What people here are into
Hobbies & Interests
Top 2% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Lifestyles
Top 16% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Entertainment
Top 19% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Entertainment
Top 20% in the U.S.Live & Local Music
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Hobbies & Interests
Top 21% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
What it really costs
Owning here
Owning the median Key West home
≈ $6,515/mo
$999,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
10%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
$2,075/mo
Median rent
2 homes for rent right now
Straight answers
Key West real estate FAQs
Is Key West a good place to live?+
It's a genuine island city — walkable, water-focused, and full of historic architecture across neighborhoods like Casa Marina and Old Town. The scale is small and the pace is unhurried, which suits people who want a boat and a bike more than a big commute. Assigned schools include Horace O'Bryant School, Poinciana Elementary, and Gerald Adams Elementary.
Is Key West expensive?+
Yes — it's one of Florida's priciest markets. The median list price is $999,500 and homes average $914 per square foot, with active listings ranging from $599,000 up to $4,375,000. If you're setting a ceiling, it helps to browse by price to focus your search.
What do homes cost in Key West?+
The median list price is $999,500 across just 10 active listings, and the typical home is around 1,472 square feet. Over the last 12 months, 16 homes sold at a median of $817,000, so closed prices run below current asking. Five active listings are priced above $1M.
How is the Key West market right now?+
Inventory is thin at 10 active listings, and homes take a median of 113 days to sell — this is not a fast-turnover market. Sellers are getting about 95% of asking on average, so there's some room to negotiate. Watching just reduced listings can surface opportunities.
What about HOA fees and property taxes?+
The median HOA runs about $662 per month, which reflects the condos and managed properties in the mix, while the median property tax is roughly $4,520 per year. If renting first makes sense, the median rent is around $2,075 per month — you can review current homes for rent.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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